The government has announced that private equity and infrastructure fund manager Zouk Capital has been chosen to manage the £400mn Electric Vehicle (EV) Charging Infrastructure Investment Fund (CIIF). Announced on Tuesday 12 February, half of the £400mn will be raised from the private sector and matched by the government. The CIIF, originally announced in the 2017 Autumn Budget, is intended to help develop an infrastructure network that is easy for drivers to locate and use, and is affordable, efficient and reliable while also stimulating further capital investment in the sector. The CIIF is expected to launch in spring 2019.

HM Treasury